Question

Which of the following statements about what-if analysis is TRUE? A. Changes in an objective function...

Which of the following statements about what-if analysis is TRUE?

A. Changes in an objective function coefficient will always lead to changes in decision variable values.

B. Changes to constraint right-hand side values will always lead to changes in decision variable values.

C. Changes in an objective function coefficient will never lead to changes in decision variable values.

D. Changes to constraint right-hand side values will never lead to changes in decision variable values.

E.None of the answer choices is correct.

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The correct answer is option E, i.e. None of the answer choices is correct.

Changes in an objective function coefficient​ might or might not change the decision variable values. If the changes in the objective function coefficient is within the allowable increase or decrease, then the optimal solution/decision variable values will not change but if the changes are outside the allowable increase or decrease, then the decision variable values will change.

Similarly when the shadow price is non-zero, then changes in the right-hand side of the equation will lead to changes in the decision variable values but if the shadow price is zero, then changes in the right-hand side of the equation within the allowable increase or decrease will not lead to changes in the decision variable values.

Thus considering all this, all of the above statements are incorrect.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1) Describe "Sensitivity Analysis" within the Linear Programming context. Why is sensitivity analysis important? 2) Discuss...
1) Describe "Sensitivity Analysis" within the Linear Programming context. Why is sensitivity analysis important? 2) Discuss the impact of the changes in the following to your optimal solution: objective function coefficient resources or right-hand-side values. I need at least 200 words
Which of the following is NOT true regarding assignment statements in VBA? A Assignment statements Code...
Which of the following is NOT true regarding assignment statements in VBA? A Assignment statements Code use the equal sign (“=”) operator. B Assignment statements assign what is on the left-hand side of the equal sign to the right-hand side of the operator. C Assignment statements assign what is on the right-hand side of the equal sign to the left-hand side of the operator. D All of these are true regarding assignment statements in VBA.
1- An unbounded problem is one for which ________. remains feasible A. the objective is maximized...
1- An unbounded problem is one for which ________. remains feasible A. the objective is maximized or minimized by more than one combination of decision variables B. there is no solution that simultaneously satisfies all the constraints C. the objective can be increased or decreased to infinity or negative infinity while the solution D. there is exactly one solution that will result in the maximum or minimum objective 2- If a model has alternative optimal solutions, ________. A. the objective...
Which of the following statements is not true about the secant function? Group of answer choices...
Which of the following statements is not true about the secant function? Group of answer choices |sec⁡x|≥1 for all x in the domain of the secant function. The secant function is even. The secant function has period 2π. The graph of the secant function has a vertical asymptote at every integer multiple of π. ALL OF THE OTHER STATEMENTS ARE TRUE.
Which of the following statements concerning regression and correlation analysis is/are true? A. If the correlation...
Which of the following statements concerning regression and correlation analysis is/are true? A. If the correlation coefficient is zero, then there is no linear relationship between the two variables. B. A negative value for the correlation coefficient indicates that high values of the independent variable are correlated with low values of the dependent variable.   C. The slope coefficient for a simple linear regression model measures the expected change in the independent variable for a unit change in the dependent variable....
Consider the following linear program: Max 3A + 2B 1A+1B<=10 3A+ 1B<=24 1A+2B<=16 A) Run the...
Consider the following linear program: Max 3A + 2B 1A+1B<=10 3A+ 1B<=24 1A+2B<=16 A) Run the syntax for the LINDO results. B) Assume that the objective function coefficient for A changes from 3 to 3.8 and the objective function coefficient for B changes from 2 to 1.2.   Does the optimal solution change? Show the calculation based on 100% rule on objective function. C) Assume that the right hand side of Constraint 2 changes from 24 to 28 and Constraint 3...
Which of the following statements is true about the confidence interval for a population proportion? Group...
Which of the following statements is true about the confidence interval for a population proportion? Group of answer choices: (A) It is equal to the population proportion plus or minus a calculated amount called the standard error. (B) It is equal to the sample proportion plus or minus a calculated amount called the margin of error. (C) The confidence interval for a proportion will always contain the true population proportion. (D) The confidence interval for a proportion does not need...
Which of the following statements about the Sell Side and the Buy Side of Wall Street...
Which of the following statements about the Sell Side and the Buy Side of Wall Street is correct? Group of answer choices A. The Buy Side puts money to work B. The Buy Side underwrites new securities and advises on M&A activity C. The Buy Side facilitates trading the secondary market D. The Sell Side is comprised of asset managers that sells securities to the buy side
Which of the following statements is true about interfund transfers in an Enterprise Fund? A. They...
Which of the following statements is true about interfund transfers in an Enterprise Fund? A. They are always reported as noncapital financing activities in the statement of cash flows. B. They do not affect changes in net position of the proprietary fund. C. They are always reported as capital and related financing activities in the statement of cash flows. D. They are always the last item reported immediately before the change in net position in the statement of revenues, expenses,...
Which of the following statements about food webs is true? (A.) Most well-studied food webs have...
Which of the following statements about food webs is true? (A.) Most well-studied food webs have two to five trophic levels. (B.) A species trophic level in a food web almost never changes. (C.) Food webs generally provide much information about the strengths of interactions across trophic levels. (D.) Both a and b (E.) Both b and c ??? I know C in not true and the so also E can not be true but was unsure of the answer.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT